The UK is out of recession – but it’s far too soon to celebrate May 14, 2024 While the UK's exit from recession is welcome news, structural problems will continue to stymie economic growth for years to come if they are not addressed soon, Chris Dorrell writes
London’s strength suggests economic recovery has further to run May 13, 2024 "The sharp and quicker expansion in the capital also supported growth in activity across the UK as a whole," Catherine van Weenen, territory head of commercial mid market at NatWest, noted.
FTSE 100 notches best week of the year as string of good news ends winter blues May 10, 2024 Friday's rally was largely driven by miners who were lifted on the back takeover speculation and higher prices for metals and minerals.
‘Back with a bang’: Is the UK economy back on track after GDP data? May 10, 2024 The figures mean the UK grew at the joint fastest rate in the G7, surpassing the US and tying with Canada.
Recession over as UK GDP grows faster than expected in first quarter May 10, 2024 Economists think the UK will grow 0.4 per cent this year, although the Office for Budget Responsibility (OBR) expects a 0.8 per cent expansion.
German recovery helps eurozone escape shallow recession April 30, 2024 According to figures released this morning by Eurostat, the eurozone grew 0.3 per cent between January and March, ahead of the 0.1 per cent expansion expected by economists.
US economy disappoints in first quarter of 2024 as growth slows far more than expected April 25, 2024 The US economy slowed far more than expected in the first quarter of the year as its gross domestic product (GDP) endured the influence of stubborn inflation and high interest rates.
Strong services sector helps UK economy continue to ‘gain momentum’, but inflationary fears mount April 23, 2024 Although the manufacturing sector recorded a marginal decline in activity in April, output from the services sector climbed for the sixth consecutive month.
Consumer confidence hits highest level in two years as UK ‘turns a corner’ April 19, 2024 "The revival in consumer confidence speaks to a wider story of an economy that has turned the corner," Ian Stewart said.
IMF says the UK will be the fastest-growing major economy in Europe next year April 16, 2024 The projections suggest the UK economy is unlikely to generate much momentum this year, and will lag all G7 economies apart from Germany.